Core Viewpoint - Danaher has experienced a decline in stock performance recently, with a -3.4% return over the past month, contrasting with the S&P 500's +1.6% change, raising questions about its future stock trajectory [1] Earnings Estimates Revisions - The current quarter's earnings estimate for Danaher is projected at $1.72 per share, reflecting a -27.1% change year-over-year, with the consensus estimate remaining unchanged over the last 30 days [3] - For the current fiscal year, the consensus earnings estimate is $7.62, indicating a +0.5% change from the previous year, also unchanged over the last month [3] - The next fiscal year's consensus earnings estimate is $8.70, suggesting a +14.1% change from the prior year, with no changes in the estimate over the past month [3] Revenue Growth Forecast - Danaher's consensus sales estimate for the current quarter is $5.64 billion, indicating a -21.3% year-over-year change [5] - The sales estimates for the current and next fiscal years are $24.09 billion and $26.1 billion, reflecting changes of -12.7% and +8.3%, respectively [5] Last Reported Results and Surprise History - In the last reported quarter, Danaher generated revenues of $6.41 billion, a -23.5% year-over-year decline, with an EPS of $2.09 compared to $2.87 a year ago [6] - The reported revenues exceeded the Zacks Consensus Estimate of $5.99 billion by +6.93%, and the EPS surprise was +10% [6] - Danaher has consistently beaten consensus EPS and revenue estimates in the trailing four quarters [7] Valuation - Danaher's valuation metrics, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), are essential for assessing whether the stock is fairly valued [8] - The Zacks Value Style Score indicates that Danaher is graded F, suggesting it is trading at a premium compared to its peers [9] Conclusion - The analysis indicates that despite recent challenges, Danaher's Zacks Rank 2 suggests potential for outperforming the broader market in the near term [10]
Investors Heavily Search Danaher Corporation (DHR): Here is What You Need to Know